BASF and funds managed by global investment firm Carlyle (NASDAQ: CG), in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (“BASF Coatings”). The enterprise value of the transaction amounts to €7.7 billion. Subject to customary regulatory approvals, the transaction is expected to close […]

In a move that could change the lives of felines everywhere, The Cat Health Company announced today it has secured additional $1.2 million in financing to fuel the company’s groundbreaking work in longevity therapeutics, with a focus on helping cats have longer and healthier lives. Portfolia’s Active Aging & Longevity Fund II has invested in this round alongside Sonia Arrison’s […]

Early Game Ventures announces a new seed investment in YOX, which promises to revolutionize the blue-collar job market with the help of AI. The €1.5 million round will allow the startup to expand internationally. Frontline Hiring in Future: Finding a job has not really changed since the era when you had to use a pen to circle some job ads […]

Vodafone Romania announces signing of relevant legal documents for the transaction to acquire Telekom Romania Mobile Communications. The total value of the transaction is €30 million, which refers exclusively to the elements intended for acquisition by Vodafone Romania. With the closing of the transaction, estimated for the beginning of October this year, Vodafone will take over the control of Telekom […]

Connections (ticker symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces consolidated financial results above the forecast level, performance supported by efficient execution, balance between business segments and developments in the public & private software area. During January–June 2025, operating revenues reached RON 48.5 million, up 9% above the half-year estimates and […]

Resilient strategic progress, with Document Lifecycle Management and Digital Technologies maintaining strong momentum, despite market normalization in payment cards category in Türkiye • Group Revenues of €163.6m (16% reduction vs. H1 2024), primarily reflecting continued normalization in the Turkish payment card market, a temporary moderation vs. last year’s significant contribution of metal card sales to Fintech in Europe as well […]

Acquisition to strengthen Vertiv’s comprehensive portfolio of digital infrastructure solutions with AI-based infrastructure monitoring, predictive services, and performance optimization   Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms, as part of its continued investment in AI-driven monitoring and control technologies […]

By combining liquid materials with an extrusion printing method, Orbital Matter has developed and patented a method to make objects in space, reducing launch weight by up to 70% and launch volume by 10 times. Their first launch in space proved the core parts of the technology and achieved a NASA Technical Readiness Level of 5. With Early Game’s investment, […]

Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, reveals that 85% of fintechs directors are planning to expand into new markets, 77% planning such expansion within 1-3 years, according to its latest report, “Powering Growth in the Global Payments Race” in partnership with Censuswide.  The survey was based on 500 senior […]

BASF Coatings and Toyota Motor Europe have signed an agreement to develop the Toyota Body&Paint program for Europe, building the foundation for a long-term strategic collaboration between the two companies for Toyota and Lexus brands. The partnership takes advantage of the premium automotive refinish solutions under the Glasurit and R-M brands in the European market. The Toyota Body&Paint program will […]

Acquisition positioned to strengthen leadership in high-density integrated infrastructure offerings Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great Lakes”) for $200 million. Great Lakes is recognized for designing and manufacturing innovative, highly customized data rack enclosures […]

System Innovation Romania, a SAP partner and ERP solutions integrator, closed 2024 with significant financial growth and a clear strengthening of its market position. The company reported a turnover of €3.3 million, marking a 29.8% increase compared to the previous year, while its profit margin rose by 17.7%, surpassing the 13.2% threshold recorded in 2023. Although the number of new […]